🟡Traders and investors are regaining their appetite for risk as macroeconomic conditions improve. Capriole Investments’ “Visible Demand” metric — which tracks active Bitcoin supply — has climbed to its highest level since July, signaling renewed buying interest. Meanwhile, spot trading volumes have surged 23% to $14.1 billion, reflecting the return of speculative activity and growing market confidence.
🟡Bitcoin’s ability to hold above its 50-week moving average has reinforced expectations of further rally potential. Analysts note that a breakout above $110,000 could open the path toward the historical peak near $126,000. However, losing this key support would raise the risk of a deeper correction, prompting investors to maintain cautious optimism in the short term.